Browse > Article
http://dx.doi.org/10.15207/JKCS.2020.11.5.191

A Study on Determinants of Chinese OFDI to Korea  

Dai, Yun-hai (Department Of International Trade, Namseoul University)
Publication Information
Journal of the Korea Convergence Society / v.11, no.5, 2020 , pp. 191-197 More about this Journal
Abstract
OFDI is one of the key issues around the world in the development of economics, in 2013, Chinese President Xi JinPing proposed "One Belt One Road" initiative on conference of Asia-Africa international conference with its core policy as (Outward Foreign Direct Investment).With the steady development of China's "One Belt One Road", further advancement of Korea-China FTA, and rapid expansion of close economic relations between two countries, China is bound to increase OFDI to Korea. The paper empirically studied its determinants of Chinese OFDI to Korea, with PANELDATA data introduced combining time series with cross-section, result shows GRDP, HV, YNTL, FWYS, XFZS are all verified as determinants of Chinese OFDI to Korea, while, several suggestions are proposed for Korea to attract Chinese OFDI.
Keywords
OFDI; Korea; China; Determinants; Empirical analysis; One Belt One Road;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Y. H. Dai. (2016). Empirical Analysis of Knowledge Innovation and Technology Study On Korea's FDI in China. Korean Association For Chinese Studies, 54, 325-339. DOI: 10.14378/KACS.2016.54.54.17
2 J. J Li, J. Y. Qiu & B. He. (2019). Cultural Distance, Institutional Distance and Outward Foreign Direct Investment - An Empirical Study Based on China's OFDI to Countries along the "Belt and Road". Wuhan University Journal(Philosophy & Social Science), 01, 120-134. DOI:10.14086/j.cnki.wujss.2020.01.010
3 J. X. Zhu. (2019). China's OFDI Under the Belt and Road" Initiative. Journal of Shenyang University(Social Science), 21(06), 691-695+715. DOI:10.16103/j.cnki.21-1582/c.2019.06.038
4 J. S. Ko, Y. Wang & X. Li. (2018). A Comparative Study on the Outward Foreign Direct Investment Trend and Ｒegulation Level among China. Japan and Korea, Japan and Korea. Economic Review, 06, 105-115. DOI:10.16528/j.cnki.22-1054/f.201806105
5 Y. M. Shao & X. G. Yang. (2017). China's Foreign Outward Direct Investment in Recent Years: Characteristics and Policy Suggestions. Science & Technology for Development, 13(11), 888-896.
6 B. H. Altagi. (2005). Econometric Analysis of Panel Data. 2nd ed. New York:John Wiley and Sons Press.
7 B. H. Altagi. (2008). Econometrics. 4th ed. Berlin Heidelberg: s-nger-verlag.
8 Y. H. Dai. (2017). An Empirical Analysis on the Inducement Efficiency of FDI in China. The Korean Association of Northeast Asia Studies, 22(2), 285-298. UCI : G704-001822.2016..54.007
9 B. S. Han & M. K. Seo. (2005). An Empirical Study on the Determinants of Knowledge Creation for MNCs in Korea. Journal of Business Research, 20(3), 133-159. DOI: 10.21739/IBR.2006.06.10.1.69
10 H. G. Kang. (2014). Determinants of Korean FDI in China using the Spatial Effects. International Commerce and Information Review, 16(4), 385-408. DOI:10.15798/kaici.16.4.201409.375
11 M. Abellano. (2003). Panel Data Econometrics. Oxford:Oxford.University Press.
12 Y. G. Yan. (2014). Location Choice of FDI: Market Potential, Geographic Agglomeration and the Same Country of Origin. Finance & Trade Economics, 09, 103-113. DOI : 10.19795/j.cnki.cn11-1166/f.2014.09.012
13 Y. H. Dai. (2016). FDI Introduce Efficiency Evaluation Based On GMDH and DEA in China : A Study about FDI efficiency between Korea and China's majoy cities. The Journal of Northeast Asia Research (NEA), 31(2), 127-143. DOI : 10.18013/jnar.2016.31.2.006   DOI
14 Z. X. Jin. (2019). Impact Factors of Korea Manufacturing Industry FDI Into China. Beijing university of technology Master thesis.
15 S. W. Kim. (2012). Impact of Korean's FDI on the Regional Economic Development in China: A Panel Data Study. CS, 43, 359-386. UCI : G704-001822.2012..43.010
16 G. Christian, P. B. Phillips & J. Yu. (2007). Indirect inference for dynamic panel models. Journal of Econometrics, 157(1), 68-77. DOI:10.1016/j.jeconom.2009.10.024   DOI
17 S. J. Kang & H. S. Lee. (2007). The determinants of location choice of South Korean FDI in China. Japan and the World Economy, 19(4), 441-460. DOI:10.1016/j.japwor.2006.06.004   DOI
18 J. S. Ko. (2013). A Study on Changing Trend of Korean company's FDI in China. The Comparative Economic Review, 20(2), 1-19. UCI : G704-000828.2013.20.2.002